Medicare Savings Program 2021

Medicare Savings Program Decoded – 2021 Limits

WILSON’S UNABRIDGED DICTIONARY: THE ALPHABET SOUP OF THE MEDICARE SAVINGS PROGRAM Estate Planning Attorneys are known for loving acronyms. We like to shorten the names of the tools we use and sometimes throw the terms around, forgetting that not everyone speaks Alphabet Soup. POA, HCD, SNT, QTIP, QPRT, ILIT are just some of the terms…

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Medicare coverage for a COVID Vaccine

Will Medicare Cover a COVID Vaccine?

According to the Centers for Disease Control and Prevention (CDC), older adults and people who have severe chronic medical conditions like lung, heart, or kidney disease seem to be at a higher risk for contracting COVID more serious COVID-19 illness.  This means that most people with Medicare are at higher risk. According to a Wall…

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Review Your Medicare Plan

Do You Have To Review Your Medicare Plan Every Year?

FALSE FACTS FRIDAY Issue 11: “I’m Happy with My Medicare Plan, So I Don’t Have to Review It for Next Year.” The Medicare Annual Enrollment Period (“AEP”) began in October 15th and extends until December 7. AEP is the time that Medicare recipients can review and change their Medicare plan if they should choose to…

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Medicare Savings Program

Medicare Savings Programs Threatened Again

The Fall of 2017 brought uncertainty to the Medicare Savings Programs (MSP) in Connecticut when they were unexpectedly slashed by the state budget. After several months of negotiations, a bipartisan effort was able to revive the program that affects so many seniors. What Is Medicare Savings Programs? The Medicare Savings Programs in Connecticut are benefits…

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Protect Your Money From Nursing Homes

Do You Need To Protect Your Money From Nursing Homes?

FALSE FACT Vol. 1, Issue 1:   If you don’t protect your money, the State will take it.  This is probably the most common “inaccurate” statement that I hear in my elder law practice. We do help clients protect their assets, but not because the State will take them if you don’t protect them. Welcome to…

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